A STUDY ON FUNDAMENTAL ANALYSIS OF WIPRO, INFOSYS, TCS, HCL COMPANIES.
S. SANTOSH KUMAR
, DR.C.MALLESHA
Every investor is advised to have enough knowledge about the stock market before making any investment decisions. Analysis of capital market can be done either by Fundamental analysis or by Technical analysis. This paper aims to study on Fundamental analysis of selected IT companies listed at NSE. Fundamental analysis is studied in three parts. Economic analysis deals with fundamental factors like GDP, IIP, fiscal deficit, inflation, current account deficit etc. Industry analysis Indian IT sector is analyzed based on entry barriers, type of industry, government interference, Porter’s five force model. Finally, Company analysis deals with various ratios such as dividend payout ratio, EPS, P/E ratio, Debt-Equity ratio are used. It also focuses on the calculation of intrinsic value of shares and compared with Market value. If intrinsic value is greater than market value the share is said to be undervalued whereas if market value is greater than intrinsic value, the share is overvalued. From the study Wipro, TCS and Infosys shares are undervalued and suggested to buy and hold the shares.
"A STUDY ON FUNDAMENTAL ANALYSIS OF WIPRO, INFOSYS, TCS, HCL COMPANIES.", IJSDR - International Journal of Scientific Development and Research (www.IJSDR.org), ISSN:2455-2631, Vol.6, Issue 6, page no.284 - 327, June-2021, Available :https://ijsdr.org/papers/IJSDR2106045.pdf
Volume 6
Issue 6,
June-2021
Pages : 284 - 327
Paper Reg. ID: IJSDR_193430
Published Paper Id: IJSDR2106045
Downloads: 000347417
Research Area: Management
Country: MEDCHAL, TELANGANA, India
ISSN: 2455-2631 | IMPACT FACTOR: 9.15 Calculated By Google Scholar | ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 9.15 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publisher: IJSDR(IJ Publication) Janvi Wave
